Foot Locker, Inc. FL
We had a group of options ideas lined up on Friday, and then the bottom proceeded to fall out of the markets, rendering our bearish idea for FL the main attraction for the day.
We designated the Foot Locker FL $38-36.50 Puts as our items of interest, and the intraday activity was good for the following gain opportunities.
Foot Locker FL $38-36.50 Puts
$38 Puts – Range: 1.30-4.20 – Max Gain: 223%
$37.50 Puts – Range: 1.10-3.10 – Max Gain: 182%
$37 Puts – Range: .85-3.10 – Max Gain: 265%
$36.50 Puts – Range: .75-2.80 – Max Gain: 273%
Fresh Options Idea:
Speaking of the market sell-off, it appears as if we may experience a dead-cat bounce today, and we will will have some SPY ideas ready for that possibility. We’ll track the
SPY Weekly $287-288.50 Calls to kick things off this week.
From a low of .0029 on Tuesday, PFMS shot up to a new high of .0071 on Friday, marking an impressive intraweek swing of 145% With that kind of momentum, we’ll be sure to keep its slot on our watchlists reserved as we kick off another trading week.
PBIO, SOLY, FSLY, ATHX, DISH, VKTX, LIQT, AVGR